TWI Q1 2022 Earnings — Titan International, Inc. Revenue & Financial Results | Market Cap Arena

TWITitan International, Inc.

$554M

Q1 2022 Earnings

Industrials Agricultural - Machinery

Income Statement

Revenue

$556M+37.8% YoY

Gross Profit

$87M15.6% margin

Operating Income

$45M8.0% margin

Net Income

$24M4.3% margin

EPS (Diluted)

$0.37

QoQ Revenue Growth

+14.0%

Cash Flow

Operating Cash Flow

-$19M

Free Cash Flow

-$26M

Stock-Based Comp.

$488,000

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$1.0B

Stockholders' Equity

$248M

Cash & Equivalents

$98M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$556M	$404M	+37.8%
Gross Profit	$87M	$53M	+62.8%
Operating Income	$45M	$14M	+214.2%
Net Income	$24M	$14M	+76.2%

Revenue Segments

Agricultural

$310M56%

Earthmoving/construction

$201M36%

Consumer

$45M8%